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a warhead small enough to fit on a long range missile. the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one an
experts from eu countries. the war is likely to go on for a long time, and as a precaution, french police are keeping a particularly close eye on the islamists seen in france. the security of what level there is that read, signifying threats from terrorists are probable. the malian community in paris is also coming under scrutiny. 100,000 malians live in france. most have come to work, and they live in residential homes. >> these women cook up the taste of home in their pots every day. this kitchen is not in bamako, however, but in a suburb of paris. and the television is turned on the whole day. the women's response is one of the light. around 600 malian then lived here in the rundown workers' hospital. they sleep six to a room and are in regular contact with their home country. this man wants to know how things are going for the french in mali. it is a whole different world here in the hostel, and outsiders are not usually welcome, but everyone here disputes that it is a hotbed of islamic fanaticism. they earn some extra money by selling phone cards, food, or doing minor repairs. the ba
. gerri: they tested the program to see who was eligible they expected 15% it was 41 percent the e.u. -- either did not return communication or did not meet requirements. astonishing. amazing. food stamp spending is that the record high and i that tonight we will hear more ideas for spending taxpayer dollars. >> it wasn't even designed to cover 15 percent they have a continuous problem finding government problems like this. gerri: i agree. thank you for your time. what do you think? should we hang up on the free phone program? log on to gerriwillis.com i will share the results. the lunchbox cops are back. but some schools are not following the rules. and the report shows solar panels to as much harm to the environment as good. ♪ this they didn't take a dime. how much in feesoes your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready
for buffalo wild wings on expectations of their earnings. we don't have to expect 234eu78, we've got the earnings. adam shapiro, what are the numbers? >> reporter: that's right. the adjusted earnings per share came in at 89 cents, the convenient was expecting 96 cents. revenue, however, is a big beat, the stteet was expecting 294.4% million. the stock is trading down after hours. here is something that might be driving all of this. same-store sales increased just 5.8% at company-owned restaurants. the ceo actually making a statement about all of this talking about the difficulty in some of the comparisons that people will be reading as they go through this earnings report. quote: we are energized and determined to achieve net earnings growth of 25% for all of 2013 when compared on a 52-week basis to last year. i'm going to throw it back to you. david: by the way, the stock ended the day at an intraday high at 81.07, so it was at a high peak when it was kicked around a little by only getting half of it right on the earningsment it is off of the lows after sessions at 78.62 which is th
because countries in the eu or even the euro zone are very, very different to what germany or portugal or greece or italy to the east, it's a very, very different situation, in that, that means we need also all a bit of time, education, infrastructure investment, all this is needed so that they have, let's say, a growth perspective for the next years. >> thank you. take another round of questions. >> [inaudible] >> the federal reserve hester medical increased its balance sheet since the great recession. about 20, 30 years, it didn't very all that much. suddenly very large increase. is the federal reserve comfortable in that it has an exit strategy so that we don't have either major inflation -- [inaudible] or major losses from purchasing assets and resale trying to bring back this money. thank you. >> a very quick to comment. [inaudible] i'm very happy to american colleagues. i think that we in europe -- [inaudible] [inaudible] [inaudible] >> and in the back. did you have your hand up? >> that's what we do. any other questions? okay. is the one back you? >> i'm not an economist. i'm a
to employ unconventional tools to further eu's monetary policy, even though the efficacy of these tools was uncertain and it was recognized that their use might carry some potential cost. the better known of these tools is the purchase of large amounts of longer-term government security, what is commonly referred to as quantitative easing. the other in conventional tool is not as forward guidance, providing information about the future path of short-term interest rates anticipated by the committee. both of these approaches are intended to address a gap caused by the effective lower bound. this gap is the shortfall between what the fomc likely would do in current economic circumstances, were it able to reduce the federal funds rate below zero the reality that the rate can't be cut further. i believe the federal reserve's asset purchases and other unconventional policy actions have helped, and are continuing to help fill this gap and to sure up -- short of aggregate demand the evidence just the fomc's actions to lower short and longer term borrowed rates and boost asset prices. howeverpri
-- >> the u.s./eu free trade agreement. >> i disagree with that. >> they have big deficiencies, and actually a bulwark on standard setting -- >> you disagree with the idea of trade -- >> no i definitely think trade boosts growth and want to see more net exports. what i have never seen is a connection between free trade agreements and an increase in our gdp or even our positive trade balance. more often than not -- >> when you look at nafta, haven't they finally concluded that there were more jobs created here because we were selling more? >> no, in fact, nafta is a -- nafta is a good example -- >> trade balance with mexico went negative. i'm saying after nafta our trade deficit with mexico went from positive to negative. >> nothing happens in a vacuum. >> it's a -- >> but -- >> current -- >> intellectually -- >> don't you know that free trade -- >> absolutely. i'm all for free trade. the nafta we were just talking about, it was 1200 pages. it actually doesn't take that long to write a free trade agreement. the nafta and many others -- >> that was shorter than the health care reform bill? >>
Search Results 0 to 6 of about 7

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